75 Pfennig

Friedrichstadt, a small town on the Eider in Schleswig-Holstein, was founded in the early seventeenth century by Dutch Remonstrant refugees invited by Duke Friedrich III — which is why the town's canal grid still looks conspicuously Dutch. The local Notgeld program leaned into that identity hard, commissioning architect Hans Philipp to design the series rather than contracting a commercial printer's in-house art department, an unusual choice that gave this issue a more considered graphic quality than most municipal emergency currency of 1921.

Philipp held the B.D.A. credential — the Bund Deutscher Architekten — suggesting the commission was treated as a serious design brief, not a stopgap printing job.